Ride For Hope
- Assets
- $7.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elk Grove Village, IL
- Founding
- 05/2015
- Data as of
- 12/2021
- EIN
- 47-3872434
Organization Overview
Ride For Hope is located in Elk Grove Village, IL. The organization was established in 2015. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ride For Hope is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Ride For Hope generated $41.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $40.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
RAISED MONEY TO PROVIDE DONATIONS TO OTHER CANCERCHARITIES AND TO SUPPORT INDIVIDUALS IN RECOVERY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julianne Scully President | 0.5 | $0 | |
Jerry Jenkinson Vice President | 0.5 | $0 | |
Susan Tullo Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,101 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $41,101 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,022 |
| Occupancy, rent, utilities, and maintenance | $3,399 |
| Printing, publications, postage, and shipping | $6,334 |
| Other expenses | $3,324 |
| Total expenses | $40,479 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,777 |
| Other assets | $0 |
| Total assets | $7,777 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,777 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ride For Hope has recieved totaling $25.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
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A Million Stars Inc St Louis, MO | $6,740,657 | $2,484,208 |
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